What is pro rata? | Ember

Growing your team is a big step for any business, but it can come with a hefty price tag. If you need the extra help but are keeping a close eye on your cash flow, you might hire employees on pro rata.

But what is pro rata?

In this video, we outline what pro rata pay is and the pros and cons that come with hiring an employee on a pro rata basis.

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Timestamps:

0:00 Introduction
0:08 What is pro rata?
0:17 Benefits of pro rata
0:22 Drawbacks of pro rata
0:41 Outro

#accounting #accountingtips #taxtips

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